What is LockBit 2.0 Ransomware?

What is Ransomware ?

Ransomware is a subset of malware that encrypts files on a victim's computer or locks their screen. The attacker then demands a ransom from the victim to restore access to the data upon payment. Ransomware attacks are common in the IT industry, but are also used by other institutions. Some government agencies utilize ransomware to wage cyberwarfare in other states. Hackers often target organizations with valuable information or data, such as credit card data, medical information, or intellectual property.

How Does Ransomware Spread?

Ransomware can be spread by phishing attacks, click-jacking, or social engineering. Once on your computer, the malware spreads throughout your network, encrypting other computers' files. Finally, the attacker demands a ransom payment to decrypt all the affected files.

LockBit 2.0 Ransomware has also been spotted inside the following files and processes: ['0341998514e0d8c8e7f7aef6a2738119.virus']

About LockBit 2.0 Ransomware

LockBit 2.0 is a malicious software known as Ransomware. LockBit 2.0 Ransomware encrypts all the files in a computer until the user pays a ransom. LockBit 2.0 Ransomware drops a file named LockBit 2.0 will display a ransom note through a text file named Restore-My-Files.txt or on the desktop wallpaper LockBit 2.0 Ransomware they fill is delivered through a Win32 EXE file. 

LockBit 2.0 is a ransomware program based on a previous malware also named LockBit that targets Windows OS systems. Lockbit 2.0 is capable of detecting virtual machines to avoid forensic and analysis. Like many ransomware, Lockit 2.0 also attempts to delete shadow drive data to impede recovery. This spreads via Windows file shares, and may delete shadow drive data.

LockBit 2.0 Ransomware Capabilities

• Spawns processes 
• Reads ini files 
• Queries a list of all running processes 
• Contains capabilities to detect virtual machines 
• May delete shadow drive data 
• Monitors certain registry keys / values to load the malware on startup 
• Spreads via windows shares (copies executable files to share folders) 
• Uses ipconfig to modify the Windows network settings 
• Uses netsh to modify the Windows network and firewall settings 
• Creates files inside the system directory 
• Contains capabilities to detect virtual machines 
• Uses bcdedit to modify the Windows boot settings 
• Creates autostart registry keys with suspicious names 
• Checks the free space of hard drives 
• Modifies user documents 

How to Remove Ransomware?

Ransomware removal is a two-step process. First, make sure that the ransomware is the primary infection and not a secondary or tertiary infection. This can be done by running a malware scan on your system and checking the list of infections.

The second step is to remove the ransomware from your system completely. This can by using a malware removal tool, wiping your hard drive and reinstalling your operating system, or using a decryptor tool to remove the malware.

How protect from LockBit 2.0 Ransomware?

Ransomware is a type of malware that encrypts a victim's files without their knowledge. The best way to defend yourself from a ransomware attack is to take preventive action. As a general rule of thumb, follow these steps to prevent ransomware infections:

1. Back up your data
2. Use a good anti-program
3. Use a strong password for your devices 
4. Avoid spam sites
5. Be careful when opening emails from unknown sources